Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace news this week…
ICEYE US Receives First Task Order Under NASA Commercial SmallSat Data Acquisition Program
ICEYE US Inc, a leader in persistent monitoring of Earth with radar imaging satellites, received its first Task Order under a Blanket Purchase Agreement (BPA) with NASA announced earlier this year.
In Automotive news this week…
General Motors announced that it will expand vehicle-to-home (V2H) bidirectional charging technology across its retail portfolio of Ultium-based electric vehicles by model year 2026. The first vehicles to receive the technology include the previously announced 2024 Chevrolet Silverado EV RST, followed by the 2024 GMC Sierra EV Denali Edition 1, 2024 Chevrolet Blazer EV, 2024 Chevrolet Equinox EV, 2024 Cadillac LYRIQ and the upcoming Cadillac ESCALADE IQ, which will be revealed on Aug. 9.
In Biotechnology news this week…
Fresenius Kabi Launches Plerixafor Injection
Fresenius Kabi announced it has introduced Plerixafor Injection, a generic equivalent to Mozobil®, available immediately in the United States in a 24 mg per 1.2 mL single dose vial.
In Defence Technology news this week…
D-Wave and Davidson Technologies Introduce New Innovations to Advance National Defense Efforts
D-Wave Quantum Inc., a leader in quantum computing systems, software, and services, and Davidson Technologies, Inc., a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers, announced progress in their collaboration to create solutions that advance national defense efforts.
In Energy, Power and Sustainability news this week…
Avid Solutions and Rockwell Automation Collaborate to Enhance Green Hydrogen Production
Avid Solutions, a Gold Rockwell Automation System Integrator Partner specializing in process expertise and digitally-enabled solutions, is proud to announce its collaboration with Rockwell Automation, Inc., the global leader in industrial automation and digital transformation. Together, they aim to accelerate and optimize the production of Green Hydrogen (H2) for companies worldwide.
In Food & Beverage news this week…
TricorBraun Acquires Broadtree Partners Portfolio Company, CanSource
Broadtree Partners, a lower-middle market private equity firm, announced that its portfolio company, CanSource, has been acquired by global packaging leader TricorBraun. This acquisition provides CanSource with opportunities to expand its product and service offerings within the beverage industry. Terms of the transaction were not disclosed.
In Healthcare this week…
CitiusTech Healthcare Technology, a leading provider of healthcare technology services, solutions, and platforms, announced its partnership with Radical Imaging LLC, a pioneer in medical imaging informatics, interoperability, and integrations, to offer comprehensive services for both companies to support development projects built on the Open Health Imaging Foundation (OHIF) open-source web imaging platform.
In Information Technology this week…
Paycor Wins 2023 Tech Cares Award from TrustRadius
Paycor HCM, Inc., a leading provider of human capital management (HCM) software, announced that it has won a Tech Care Award from TrustRadius, recognizing the company’s commitment to corporate social responsibility (CSR). The Tech Cares Award serves as a trust indicator for buyers in the tech community and showcases a strong dedication to employees, community, and corporate values.
In Internet Of Things (IOT) this week…
UScellular and Ericsson to Offer Customized Private Wireless Network
UScellular and Ericsson have teamed up to provide private wireless network solutions for a broad category of industry segments. This includes an initial focus on Industry 4.0 manufacturing, logistics, distribution and warehouse use cases; expanding into hospitals, Industrial Internet of Things (IIoT), ports, utilities, and airports.
In Logistics and Supply Chain this week…
EFL Global Sets Sail with Infor Nexus™
Infor Nexus, the leading global supply chain platform and a division of Infor, the industry cloud company, announced that EFL Global will implement the Infor Nexus platform and join its logistics service provider (LSP) community. EFL Global, an international logistics and supply chain industry leader, will leverage the machine learning and predictive analytic capabilities of the Nexus platform to enhance its supply chain operations and better serve its clients.
In Materials this week…
Pelican Products, Inc., the global leader in rugged, mission-critical protective cases, coolers, and lights doubles down on its commitment to American jobs with a significant investment in its California-based factory. The Company recently fired up what’s believed to be the largest injection molder in the Western United States. Nicknamed “Thor,” and equipped with 3000 tons of clamp pressure, the machine can pump out a new Pelican case every 209 seconds. Thor now out-muscles “Colossus,” who, at 1800 tons, has become Pelican’s 2nd biggest machine out of 23 on the factory floor.
In Medical Devices this week…
Zynex, Inc Announces New Therapy Products
Zynex, Inc., an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring, announced the addition of three new therapy products centered around pain management.
In Retail this week…
SolarEdge Technologies, Inc., a global leader in smart energy technology, unveils the latest version of its market leading SolarEdge Home Hub and Wave inverters in the U.S.
In Semiconductor this week…
KIOXIA Introduces New PCIe 5.0 SSDs for Enterprise and Data Center Infrastructures
KIOXIA America, Inc. announced the addition of the KIOXIA CD8P Series to its lineup of data center-class solid state drives (SSDs). KIOXIA CD8P drives are well-suited to general purpose server and cloud environments that can take advantage of PCIe 5.0 (32 gigatransfers/s x4) performance. These data center applications can generate complex mixed workloads spread across large scale virtualized systems. The new drives are available in capacities up to 30.72 terabytes (TB) and in both Enterprise and Data Center Standard Form Factor (EDSFF) E3.S and 2.5-inch (U.2) form factors.
Article of the Week
Nanotechnology in Medicine: A Quantum Leap into the Future
Every organization uses software to cIn the dynamic landscape of modern medicine, one revolutionary technology is poised to reshape the way we approach diagnostics, treatment, and drug delivery – nanotechnology. Consumer electronics, textile manufacturing, cosmetics, and other industries have already witnessed radical changes as a result of the development of new materials and processes at the nanoscale.ontrol business operations, communicate with staff, clients, and suppliers, among many other things. Most of the time, before software items can be downloaded, installed, or accessed, licenses must be activated, or “terms and conditions” must be accepted.